804 Springs

Vallejo, CA 94590

  • 12 Bed(s)
  • 4 Bath(s)
  • 0 Sqft
  • 6509
    Sqft(Lot)
$995,000

Description

To access marketing package copy/paste: https://bit.ly/kitehillre. discover a prime investment opportunity in old city vallejo with this exceptional apartment building, offering four spacious 3-bedroom, 1-bath units. with a total of 3,472 square feet of living space on a generous 6,509 square foot lot, this property generates a strong rental income of $8,084 monthly and $97,008 annually, ensuring a steady and reliable cash flow. the impressive financial metrics, including a gross rent multiplier (grm) of 10.26 and a cap rate of 6.03%, highlight its potential for a solid return on investment. located in the historic and vibrant old city vallejo, this property benefits from proximity to essential amenities and transportation. tenants enjoy easy access to public transit, major highways, and ferry services to san francisco, making it an attractive option for a diverse tenant base. the neighborhood's ongoing revitalization efforts, including downtown and waterfront projects, further enhance the property’s value and appeal. investing in this apartment building not only secures a stable income but also positions investors to capitalize on the area's growth and development, minimizing vacancy risks and ensuring consistent rental demand.

  • Property Type

    Residential Income

  • County

    Solano

  • Style

    Residential Income

  • AD ID

    46769814

Sell a home like this and save $59,201 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Bathroom Information

    • Total Baths: 0

    Water/Sewer

    • Sewer : Public Sewer

    Interior Features

    • Flooring: Carpet,Wood

    Cooling Features

    • Air Conditioning

    Heating Source

    • Natural Gas
    • Has Heating

  • Building Information

    • Year Built: 1967
    • Construction: Wood Siding

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1494
    • Lot Size Source: Public Records
    • Lot Size Square Feet: 6509

  • Listing Price Information

    • Original List Price: 995,000
    • Listing Contract Date: 2024-08-27

    Lease Information

  • Tax Information

    • Parcel Number: 0057122020

  • Garage and Parking

    • Garage Description: None

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood:
    • Directions: Google Maps Cross Street: Mendochino St.
    • Source Property Type: Residential Income
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 57
    • Structure Type: Quadruplex
    • Year Built Source: Vendor Enhanced
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Message allows only 500 character
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

BuyOwner last updated this listing 09/16/2024 @ 15:32

  • MLS: 41071164
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 12 bedrooms which is for sale, it has 0 sqft, 6,509 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Vallejo , in zip code 94590, this Solano County Home are nearby neighborhoods.